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513 - What the Inflation Reduction Act Means for Medicare and Drug Pricing

Public Health On Call

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Do You Think Capping Insolent Drug Costs Will Make a Difference?

The rate of increase in drug prices will apply both to the public and the private sector. The most of the bill passed under reconciliation, which meant that you cou do it with only democratic votes. But for this, which applied to the private sector, it was not deemed to be appropriate under a reconciliation. So you had to go and get 60 vote majority. And the republicans weren't willing to do that. They wanted the market to determine the rate instead of the government determined the rate.

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